Post
Topic
Board Economics
Re: #HODLing is not a smooth journey
by
Bitstar_coin
on 08/12/2023, 18:50:16 UTC
True. People who aren't expert in trading, holding is only option for them to make profit. But hold has ups and downs and sometime you need to go through a risky process while you don't have knowledge about dip or where to buy. Most of people want to have profit within short time but problem will start when you unfortunately buy your a altcoin while it was high priced and then it dumped from the point you bought, that will be the most channeling thing as you don't know how long you need to wait for recovery. The common issue is, when a holder become so panic and sold token with loss. So yeah, it is hard to hold till become make profit from it

This situation has happened to me and I can tell you it is not an easy place to be, buying from the top and the price get dumped and you are literally stuck, not able to sell because you will be losing 90% of your investment.
I can say it is the moment when your hodl ability is tested, it fills like forever, not going to lie.
Hodl is not easy, the period is full of different challenges and if you are able to pull through to the next circle, you can consider yourself a diamond hand.  Grin